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5. GOVERNMENT TO SET UPNATIONAL INVESTMENT AND INFRASTRUCTURE FUND
(NIIF)

i. Union
Cabinet approved setting up ofNational
Investment and Infrastructure Fund (NIIF)to Support new and stressed projects so
that it may help to restart the investment cycle.

ii. The fund will have an initial corpus of 20000
crore rupees.

NIIF
is proposed to be set up as a Trust which would raise debt to invest in the
equity of infrastructure finance companies such as Indian Rail Finance Corporation
(IRFC) and National Housing Bank (NHB).

The
fund was proposed by the Union Finance Minister Arun Jaitley in his Budget
2015-16.

i. World Hepatitis Day
observed on 28th July with the theme ‘Prevent Hepatitis , act now’.

ii. It is observed for
raising awareness about Hepatitis B and C.

iii. According to a survey
1.4 million people die every year because of Hepatitis B and C.

Hepatitis is
caused through contaminated water and food as well as contact with blood or
bodily fluids, through unsafe infections or transfusions. Infections are also
occur from a matter to a child or through sexual contact.

2. EMINENT VOCALIST VASUNDHARA
KOMKALI DIED:

i. Eminent musician
Vasundhara Komkali died. She is the wife of musician late Pandit Kumar Gandhran.

3. INTERNATIONAL TIGER
DAY OBSERVED ON 29TH JULY:

i. International Tiger Day is observed on 29th
July .

ii. The day is observed to promote the protection
and expansion of the wild Tiger habitats and to gain support through awareness
for tiger Conservation.

The tiger
count has fallen from 100,000 to 3200 in 2014. Tigers lost their natural
habitat due to expansion of cities and agriculture by humans.

i. Ashish Bahuguna appointed as chairman of Food Safety and Standards Authority of India (FSSAI)

·FSSAI was established under Food Safety and Standards Act 2006 which consolidates various acts and orders related to food issues.

·FSSAI comes under the Union Ministry of Health and Family Welfare.

·Union Ministry of Health and Family Welfare: J.P NADDA

3. INDIA SIGNED LOAN AGREEMENT OF $ 300 MILLION WITH ADB FOR NATIONAL URBAN HEALTH MISSION (NUHM)

i. Asian development Bank has signed an agreement of $ 300 million for NUHM

NUHM :It was started in 2013.Its aim is to improve the health status of country’s urban population and providing quality health services to the urban poor .It covers all 779 cities with a population of above 50,000.

ADB:Established in 1966

Headquarter of ADB at Manila,Philippines

4. WOMEN’S RECURVE ARCHERY TEAM QUALIFIES FOR RIO OLYMPICS

i. The Indian women’s recurve archery team qualified for 2016 Rio Olympics by reaching the final of the World Archery championship at Copenhagen in Denmark.